Oprah Reportedly Sold Gustav Klimt Painting for $150 Million

Bloomberg's Katya Kazakina reports that billionaire media mogul Oprah Winfrey sold a Gustav Klimt masterpiece for $150 million to a Chinese buyer in 2016, according to an anonymous source with knowledge of the deal.

Oprah bought “Portrait of Adele Bloch-Bauer II” for an artist auction record price of $87.9 million in 2006 at Christie’s in New York.

In a decade, the work gained 71% when it was sold in one of last year's biggest art transactions.